Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian Industrial Association: For more than 80% of enterprises the 60/40 measure does not work

Photo: BGNES

A survey by the Bulgarian Industrial Association (BIA) among 580 enterprises in the sphere of services and trade shows that more than 80% of them say that the 60/40 anti-crisis measure (sharing the cost of staff salaries between the state and employers) is inefficient, Dimiter Brankov, BIA Vice President said for the Bulgarian National Radio. 70% of the respondents have cut staff, 15% have reduced salaries. More than 63% of enterprises are expecting to recover within the space of one year.

In an interview for bTV economist Rumen Galabinov stated that to get back on their feet, businesses need compensatory measures such as gratuitous and unconditional aid. Gratuitous – because many of the proposals by the state are for credits, and unconditional – because not all people can qualify for the aid offered. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

President Radev again refers the amendments to the Constitution to the Constitutional Court

Bulgarian President Rumen Radev today reiterated his request to the Constitutional Court to declare unconstitutional the amendments to the Constitution made by the 49th National Assembly.  The Bulgarian Head of State's objections are against the..

published on 11/20/24 4:37 PM

Austrian Ambassador gets acquainted with the situation on the Bulgarian-Turkish border

The Ambassador of Austria H.E. Andrea Ikić-Böhm visited the Bulgarian-Turkish border yesterday at the invitation of the Director of the Border Police Directorate General, the press service of the Ministry of Interior announced today. Together with the..

published on 11/20/24 3:34 PM

Bulgaria is the first EU country with high-level artificial intelligence in its own language

Bulgaria has become the first in the EU to have a high-tech artificial intelligence in its own language , created by a state-funded scientific organisation. The next-generation AI designed to work in Bulgarian was unveiled last night by the Institute..

published on 11/20/24 2:58 PM